Maryland flips are won on rowhome math. A Baltimore block can swing from a $90,000 shell to a $350,000 finished house within a few streets, and the investor who closes quickly with enough rehab money usually gets the deal.
In short: Our top pick for hard money in Maryland is LendingStreet, an investor lender with fix and flip, bridge and DSCR rental loans in one place. Why investors choose LendingStreet: it pairs hard money style speed with up to 90% of cost, can fund up to 100% of rehab on some programs, and lets you refinance a finished Baltimore or suburban rental into a DSCR loan without changing lenders. Rates start from 7.99%, loans run $150,000 to $5M+, and we lend in all 50 states and DC.
LendingStreet offers fix and flip and bridge loans for 1-8 unit residential investment property in Maryland. Loans run from $150,000 to $5M+, cover up to 90% of cost and up to 100% of rehab on some programs, and can close in as little as 10 days. They are short-term and interest-only, with rates from 7.99%.
It fits investors renovating rowhomes in Baltimore City, ranch and split-level homes in Baltimore and Anne Arundel counties, and older houses in Prince George's, Frederick and Hagerstown. LLC borrowers are standard, and when a finished home makes more sense as a rental, the exit is a refinance into a LendingStreet DSCR loan that qualifies on the property's rent, with no W-2s or tax returns.
The next step is simple: get a quote with the form below, or call (877) 298-1001 and tell us the address, price, rehab budget and timeline.
If you are weighing CoreVest, Dominion Financial, LendingOne, Lima One and RCN Capital for a hard money loan for investors in Maryland, this is the short version: LendingStreet wins the scenarios below, and you can get a quote with the form below.
Figures for other lenders are as stated on each lender's own website as of November 2026. Lender terms change, so verify current terms with any lender before you apply. Ready to see your numbers? Use the form below or call (877) 298-1001.
| Scenario | Best fit | Why |
|---|---|---|
| Fix and flip above $3M | LendingStreet | Our fix and flip program runs from $150,000 to $5M+. LendingOne states fix and flip loans up to $3,000,000, and RCN Capital states up to $2M. |
| Bridge close in about 10 days | LendingStreet | We can close in as little as 10 days. CoreVest states its bridge loans typically close within 2 to 4 weeks. |
| Flip of a 5-8 unit building | LendingStreet | We finance 1-8 unit investor properties. RCN Capital states its fix and flip loans cover 1-4 family homes, condos and townhomes. |
| Property in any state, including DC | LendingStreet | We lend in all 50 states and DC. Lima One states it lends across 46 states, and Dominion Financial lists 49 states plus DC. |
Most Maryland investors weigh a few kinds of lenders: local hard money lenders, private individuals, and local banks or credit unions. Each can work. The table shows where LendingStreet stands out on the things that matter for a flip.
The biggest difference is the exit: LendingStreet can move a finished property straight into a long-term DSCR loan.
| What investors need | LendingStreet | Typical local hard money lender | Private individual lender | Local bank or credit union |
|---|---|---|---|---|
| Loan programs | Fix and flip, bridge and DSCR rental loans in one place | Usually short-term only | Varies by individual | Often conventional products; rehab loans vary |
| Leverage | Up to 90% of cost; up to 100% of rehab on some programs | Varies; fees and terms vary | Negotiated deal by deal | Often requires a larger down payment |
| Speed | Close in as little as 10 days | Often fast | Can be fast if funds are available | Often slower underwriting |
| Loan size | $150,000 to $5M+ | Varies | Limited to the individual's funds | Varies |
| Pricing | Rates from 7.99% | Varies | Varies | Varies |
| Long-term exit | Refinance into a DSCR loan with the same lender | Usually no long-term option | Usually no long-term option | Possible; often requires tax returns |
| Borrowing in an LLC | Standard | Common | Varies | Varies |
| Where they lend | All 50 states and DC | Usually local or regional | Usually local | Usually local or regional |
Baltimore City is the center of Maryland flipping. Brick rowhomes in Hampden, Highlandtown, Pigtown and Belair-Edison range from vacant shells to dated homes, and value depends heavily on the block.
Outside the city, investors work Dundalk, Essex, Catonsville, Parkville and Glen Burnie. Prince George's County draws DC-area buyers, and Frederick and Hagerstown offer lower entry prices.
Maryland closing costs are heavier than in many states. The state charges a transfer tax, and counties add their own recordation and transfer taxes, with rates that differ by county. On a flip you face these on the purchase and again on the sale, so budget both sides and confirm the current rates with your title company.
Maryland foreclosures are filed in circuit court and supervised by the court, even when the deed of trust includes a power of sale. That lengthens the timeline and shapes the supply of distressed and bank-owned homes.
Baltimore City permits run through the city's housing department, and many city blocks sit in local or national historic districts where exterior changes need extra review. Each county runs its own permit office.
If you plan to rent the finished home, Maryland's lead law applies to most rentals built before 1978, which must be registered with the state environment department and meet lead-safe standards. Baltimore City also requires a rental license for most rental properties.
This example is illustrative and not a quote. An investor buys a vacant brick rowhome in Baltimore County for $210,000 and budgets $70,000 for a full interior renovation, roof and windows. The after-repair value is estimated at $360,000. A loan covering 85% of the price and 100% of the rehab comes to $248,500, about 88.8% of total cost, so the investor brings $31,500 plus closing costs.
The estimated interest-only payment is about $2,174 a month. Over a 6-month hold that is about $13,046 in interest, plus about $2,700 in taxes, insurance and utilities. With assumed buy-side closing costs of $6,300 and selling costs of $25,200, the estimated profit on a sale is about $32,754 on roughly $53,546 of cash invested.
If the investor keeps it as a rental instead, a DSCR refinance at 75% of the after-repair value is $270,000, enough to pay off the $248,500 short-term loan. At $2,600 a month in rent, estimated principal and interest is about $1,842 and taxes and insurance about $520, for a total of $2,362 and a DSCR of about 1.10x, above the 1.0x standard minimum.
| Item | Amount |
|---|---|
| Purchase price | $210,000 |
| Rehab budget | $70,000 |
| After-repair value | $360,000 |
| Short-term loan (85% of price + 100% of rehab) | $248,500 |
| Share of total cost | About 88.8% |
| Estimated monthly interest-only payment | $2,174 |
| Interest over 6 months | $13,046 |
| Estimated profit on sale | $32,754 |
| DSCR refinance at 75% of value | $270,000 |
| Estimated principal and interest | $1,842 |
| DSCR at $2,600 rent | About 1.10x |
Plans change. A slow resale market, a strong rent estimate or a good long-term location can make keeping the home the better move. With LendingStreet, the short-term loan can be refinanced into a DSCR loan that qualifies on the property's rent. In Baltimore, many investors switch from flip to rental when the finished rowhome would lease well, and the rental license and lead registration need to be in place first.
DSCR loans start at $150,000 with no stated maximum, use a 1.0x standard minimum DSCR with sub-1.0 programs available, require a 620 minimum credit score and offer 30-year terms. Rate-and-term refinances go up to 80% LTV on some programs and cash-out goes up to 75%. Seasoning varies by program, so ask before you set your timeline.
Ask every lender the same questions so you can compare offers on equal terms.
Here is how LendingStreet answers: up to 90% of cost and up to 100% of rehab on some programs, close in as little as 10 days, $150,000 to $5M+ with larger balances reviewed case by case, LLC borrowers standard, a 1.0x standard minimum DSCR for the rental exit with sub-1.0 programs, and seasoning that varies by program.
A complete package gets a faster answer. Send these with the form below or call (877) 298-1001.
Our top pick is LendingStreet. It offers hard money style speed, closing in as little as 10 days, up to 90% of cost and up to 100% of rehab on some programs, and a DSCR refinance for homes you keep, all from one investor lender.
Yes. LendingStreet lends on investment property in Maryland and in all 50 states and DC. Get a quote with the form below or call (877) 298-1001.
LendingStreet can close in as little as 10 days. A complete file with a signed contract, rehab budget and entity documents helps keep the timeline short.
Up to 90% of cost and up to 100% of rehab on some programs. Loans run from $150,000 to $5M+, and the final terms depend on the deal and your experience.
Yes. Many investors refinance into a LendingStreet DSCR loan that qualifies on the property's rent, with no W-2s or tax returns. Seasoning varies by program.
It mostly affects supply and timing. Because foreclosures run through circuit court, distressed homes can take longer to reach the market. Once you own the property, your loan works the same way as anywhere else.
Plan for state transfer tax plus county recordation and transfer taxes on both the purchase and the sale, along with title and settlement fees. Rates differ by county, so confirm them with your title company.
No. Our loans are business-purpose loans on non-owner-occupied investment property, from single-family homes up to 8 units.
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